Reported about 1 month ago
In August, new home prices in China rose by just 0.11%, a slowdown from July's 0.13% increase, as the struggling property sector faces ongoing challenges despite various supportive government measures. A private survey indicated that 35 cities experienced rising prices, down from 38 the previous month, highlighting the sector's difficulties in gaining momentum even during the peak season traditionally known as 'Golden September and Silver October.'
Source: YAHOO